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Democracy is based on the principle of representing all people.
Dual Economy
An economic model that suggests the coexistence of two separate sectors within one economy, traditionally a modern industrial sector alongside a traditional agricultural sector.
Stock of Capital
Represents the total value of all physical assets (machinery, buildings, equipment) that are used in the production of goods and services in an economy.
Birth Rate
The number of live births per 1,000 population in a given year.
PhD's
The highest university degree, demonstrating mastery and high-level achievement in a specific field of study.
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